In June 2018 i bought 1085 shares of Ruchi Soya (before the company was sold to Baba). I bought it for average Rs. 13.81. In 2019 the company was sold to Baba. It was a tragedy, I got only 10 shares in the new Ruchi. That means 1/100 was given with face value of just Rs. 2. I bought it for around 15 thousands a year before. Suddenly the total market value went to just Rs. 20. It was big shock. Later it grown slowly. So, the growth is total "bogus". During the transition they cheated the shareholders. Thats the main reason i dont believe this company anymore.
37. Shaolin| Link| Bookmark|
August 31, 2021 11:36:16 AM
Top Contributor (300+ Posts, 500+ Likes)
Political backed companies are risky in long term. If govt changes company fortunes may rise or fall. Neutral companies like HUL, Nestle, Britannia, Marico, Tata Consumer, etc. are the best for long term.
Neutral companies all seem to be FMCG firms. Hmmmmm.
36. RajBreaks| Link| Bookmark|
August 26, 2021 2:12:36 PM
Top Contributor (300+ Posts, 200+ Likes)
To Eagleye, & Other IPO Gurus,
Kindly Request To You And All Other IPO Gurus To Kindly Share Your Views "Fair Value", For IPO''s As Per Technicals. So That We Can Get An Idea About The Difference Between The Actual Value And The Hoax "GMP"
22 days paisa double to suna tha.... But one year ruchi soya from 4 RS to 1500 rs..... Kuch to gadbad hai dya.....
35. ipo share| Link| Bookmark|
August 25, 2021 6:18:48 PM
IPO Guru (1500+ Posts, 700+ Likes)
Within a month of taking over Ruchi Soya, Baba Ramdev-led Patanjali Ayurved had announced a preferential allotment of 18.67 million shares in favour of Delhi-based Ashav Advisory. Even a year after it got shareholders’ approval, the allotment hasn’t happened. With the companies engaged in a legal battle, any adverse judgment could have a bearing on Ruchi Soya’s much-awaited FPO.
Pe of tata consumer is 109, adani enterprise is 135 while pe of ruchi soya only 48. This stock is cheap at cmp and will be likely to make new high before fpo as baba ramdev is aggressive in pricing and may not offer fpo below rs 1200
Kon kitna agressive hai, Fed ki meeting ka naam sunte ki pata chal gaya. Is hafte ke meeting mai bankers ne sar bhi hila diya to sab dum daba ke baith jayenge.
28.2. arunARUN| Link| Bookmark|
August 22, 2021 9:36:31 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Are comparing tata consumer to ruchi soya with limited brand strength
27. lokes| Link| Bookmark|
August 22, 2021 6:36:36 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@admin: why this fpo in main page of ipo ? till now it was not there for any past FPO''s
26. ipo share| Link| Bookmark|
August 18, 2021 1:10:48 PM
IPO Guru (1500+ Posts, 700+ Likes)
On 1st October, 2019, it made low of Rs.3.35 and today it is trading abive Rs.1100/-. Now you yourself make out the game played behind this stock. Decide yourself whether owner is Baba or Lala.
During company sold from old management to Baba, i got just 1 share against 100 numbers of old shares. My total investment was around 15k. Before the sales process it was around 7.5k. After transition, suddenly it went to just 20 rupees. During company sales they made some tricks using the union governments help. Politics played in terms of share transfer, as well as some political import/export games. Its total cheating.
@ Prabahar P M and @ all other brilliant people here
getting bored of all this scam scam scam talk by the intelligentsia.
1) first of all, even if you get Rs. 0, it is completely legal in any country across the world - equity shares are the lowest in the food chain when restructuring is done. be happy you got something. tons of shareholders have lost 100% of the money in floundering companies including myself. the fact many shareholders made money despite this is basically a miracle. 2) they combined the shares via reduction & consolidation, therefore no. of shares would've gone down while value would've gone up - its something like the opposite of a bonus issue (but not exactly - and not opposite of share split where FV would've also gone up)
ruchi soya did nothing particularly special to be called a scam - simply what other floundering companies have been doing all the time all these years. cons&red has been done for several companies globally and in India.
ruchisoya has more focus just bcos ppl choose to see only now. nothing else. go back to a good college and study more.
if anyone stills has a problem with what happened, ask yourself - why didn't you buy more Ruchi pickles and Ruchi products to save the company?
geniuses.
25. arunARUN| Link| Bookmark|
August 21, 2021 7:37:03 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Dont buy poor quality IPOs. Lot to choose 32 DRHP filed in last 30 days Date Issue name Aug 20, 2021 AGS Transact Technologies Limited Aug 20, 2021 Prudent Corporate Advisory Services Limited Aug 20, 2021 Emcure Pharmaceuticals Limited Aug 18, 2021 MedPlus Health Services Limited Aug 18, 2021 Sterlite Power Transmissions Limited Aug 18, 2021 Tega Industries Limited Aug 18, 2021 Rategain Travel Technologies Limited Aug 18, 2021 INSPIRA ENTERPRISE INDIA LIMITED Aug 17, 2021 Tracxn Technologies Limited Aug 17, 2021 VLCC HEALTH CARE LIMITED Aug 17, 2021 Go Fashion (India) Limited Aug 17, 2021 Paradeep Phosphates Limited Aug 17, 2021 CMS Info Systems Limited Aug 16, 2021 Latent View Analytics Limited Aug 13, 2021 Le Travenues Technology Limited Aug 12, 2021 Sapphire Foods India Limited Aug 11, 2021 Tarsons Products Limited Aug 10, 2021 Sigachi Industries Limited Aug 10, 2021 KEVENTER AGRO LIMITED Aug 09, 2021 Fusion Micro Finance Limited Aug 09, 2021 Gemini Edibles & Fats India Limited Aug 05, 2021 Popular Vehicles and Services Limited Aug 03, 2021 Adani Wilmar Limited Aug 03, 2021 FSN E-Commerce Ventures Limited Aug 02, 2021 PB Fintech Limited Aug 02, 2021 Fino Payments Bank Limited Jul 28, 2021 S.J.S Enterprises Limited Jul 26, 2021 ESAF Small Finance Bank Limited Jul 23, 2021 Star Health and Allied Insurance Company Limited Jul 20, 2021 Anand Rathi Wealth Limited Jul 19, 2021 Chemspec Chemicals Limited Jul 19, 2021 HP ADHESIVES LIMITED
24. arunARUN| Link| Bookmark|
August 19, 2021 1:59:45 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Will take a call basis price band. Not inspiring track record but Baba can do any thing for money so who knows may provide some pop Though it may be hoping against hope
Something off the topic but very important item to discuss which most of us use.
Zerodha provide GTT -OCO - where we can enter Stop loss Trigger/Price as well as Target trigger/Price.
I had my setting like Stop Loss - Tigger: 293 / Price: 290. Unfortunately today at last minutes the Trigger was hit but price was not hit. Still Zerodha sold my holdings at 292.65.
What wrong i did? I thought to cancel the sell order as it was almost near closing time but never got the chance! Was this fraud or mistake by me? Vedanta price never touched 290 on NSE Today.
Please respond as i want to raise the issue with Zerodha!!!
23.1. Scrip| Link| Bookmark|
August 18, 2021 8:35:05 PM
Top Contributor (400+ Posts, 200+ Likes)
here what i understand is that the sell order is triggered at 293 for selling at 290 but the highest bid was available at 292.65 hence ur order was executed at that price. it is like u r ready to sell at 290 but the buyer is available at 292.65 and ur order get executed.
i think it is a mistake at ur understanding the GTT-OCO
Based on my self analysis, I did not understand what zerodha is providing in GTT-OCO. They placed a market sell order which got executed at higher price than 290. So in stop loss also sell price need to be set higher or equal to trigger price. Lesson learnt. similar thing happened in case of Zomato but price was close so i did not notice.
Do we have tool to achieve what I wanted to to in Zerodha? If the price moves more downward after hitting the trigger price then only place the order and not above the limit price set.
23.4. Grow India| Link| Bookmark|
August 18, 2021 8:43:16 PM
Top Contributor (300+ Posts, 100+ Likes)
I think 293 was starting point for execution and 290 was point upto which you can bear the loss.
it means Under this price (290) you are not ready to bear the loss. So execution of price starts from 293 onwards as per order available.
Hope so you understand.
23.5. Scrip| Link| Bookmark|
August 19, 2021 12:23:26 AM
Top Contributor (400+ Posts, 200+ Likes)
Zerodha has GTT-OCO and GTT-Single.
In GTT-Single order only one activity can take place. That is if someone places sell GTT then order will trigger once the price is hit.
In GTT-OCO there are two orders are placed and the one which triggered first will be executed and the other one will stand cancel. Kind of Stop loss and take profit order in one.
Now talking about the trigger price and taking ur example let''s say u put trigger at 293 and sell at 294 then ur sell order will be placed at 294 whenever prices hit 293, but it will only be executed when there is buy order at 294. In ur case u were ready to sell at 290 and ur sell order was also placed at 290 but buyer was available at 292.65 hence it got sold at that price if the buyer would be at 289.95 then it wouldn''t have executed.
I don''t think we have such mechanism what u were looking for.
23.6. lokes| Link| Bookmark|
August 19, 2021 9:43:17 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@coldburger: " If the price moves more downward after hitting the trigger price then only place the order and not above the limit price set."
In that case why using stop loss price, simply put sell order on 290
@lokes: Now I can see I was expecting the unexpected 😂😂 Now I have corrected my understanding of stop-loss now where trigger and sell price should be same for most cases.
Actually what I wanted to is sell only if it is keep falling sharply after trigger price breached. I thought if it breaches 290 then it may go more down so I wanted to track like alarm on 293 and be ready to take sell if it fall more and reach 290. Usually people tell like s1, S2 broken so chances are it may break S3 also.
@ Coidburger, your trade is right and also your transaction is right. Because you put trigger price at 293, and fix lower price at 290. It means if a trade hit 293 then your share sold between 293 --- 290. If there are no buyer between 293--290. Then your S/L triggered and your shares are not sold and The S/L converted in a valid sale bid at Rs 290. So your trade at 292.65 are valid trade. There is no any controversy.
Once triggered, it will be sold/bought at best market price available. So better choice would be set same trigger price and stoploss price (say 290 & 290). Once 290 is triggered, the trade will be executed at 290, sometimes few penny above or below (available market price).
One query in continuation for my understanding. Suppose a share''s value is dropping down on a particular day. at a moment its value is Rs 320 a share, I wish to sell it at Rs.300 to stop the loss if it drops down to that level. If I place sell order @300 whereas existing market price is 320, will it be sold immediately or wait for the price to drop down to 300 ?
@MKS IND IPO, It will be sold immediately at current market price.
23.12. lokes| Link| Bookmark|
August 20, 2021 11:41:50 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@mks Ind : if you will put normal order for 300 then it will be sold immediately at 320 if current price is 320, but if you put SL price order at 300 then it will keep waiting till 300 to come else it won''t be sold if price remains higher
23.13. Scrip| Link| Bookmark|
August 23, 2021 2:25:48 PM
Top Contributor (400+ Posts, 200+ Likes)
@mks Ind Put a GTT Sell Single order Where Trigger price should be 300 And Price should also be 300. So once CMP touches 300 ur order will be placed and if there are enough buyer it will be executed.